Dallas Salisbury
Dallas Salisbury
Dallas Salisbury quotes about
among benefit defined happening misses report
The PBGC report misses much of what has been happening among defined benefit plans.
benefit companies defined fact fan financial literacy offset people positive provide save silver start
I am an extraordinary fan of defined benefit plans, but the world has in fact dramatically changed. If the offset is that companies start aggressively encouraging people to save and provide financial literacy education, that may be a very positive silver lining.
benefit carrying caused companies cost defined element move relative structure
Carrying a very different cost structure than your competitors and having an element of unpredictability relative to competitors has caused many companies to move away from defined benefit plans.
borrow drive projection spend urged
We are urged each and every day to spend and borrow and live for the moment. Don't you know that you can't live without that 51-inch projection television? How can you conceivably drive a 15-year-old car?
address bleak concerns dollars educate face importance planning results retirement workers
The SERS results demonstrate that we must not only address their concerns about the dollars involved, but we must also educate their workers about the importance of retirement planning and savings. Otherwise, a lot of hard-working Americans could face a bleak retirement.
database experience illustrate personal rely results risky shows
These results illustrate why it's often risky to rely on 'average' numbers, which are too often the only thing that's reported, ... The database shows that individuals' personal experience is often very different from the average.
affecting employers start
It would be if employers start to feel that what they've done is adversely affecting hiring, and secondly, that it is affecting retention.
benefits companies maintained moving track
Even the granddad companies that maintained these benefits are on a track moving away from it.
boss cheap save ways
Tell your boss you're after a tax-effective way to save more. There are enough different options. And there are easy, cheap ways to do it.
congress focused happen house likely white
Very little is likely to happen in 2006 because Congress and the White House are already focused on elections.
ability changes component greater happen online plan
I think it will (lead to greater participation). The component that will make that happen will be the ability to enroll in the plan online and make changes in enrollment status.
ahead avoid deal decades fact feeling great justify lottery offers people quickly realizing seem sure taking winning
I think many people end up taking buyout offers quickly because $100,000 (or some other lump-sum payment) can seem like a great deal of money, only to end up realizing after the fact that it wasn't enough to justify leaving. People need to avoid the wide-eyed feeling of I'm winning the lottery and make sure they think about if I am 50 I still got decades ahead of me.
concerned deal government help medicare needs public ready social truth
The American public needs help from the employers, help from the government to save. They're very concerned about not being told the truth about Medicare and Social Security. They're ready to deal with that truth.
contribute fraction given people percent plan
Many people don't even contribute to a 401(k) plan when given the option. And of those that do contribute, 75 percent contribute a fraction of what they could contribute.